FEATURED ARTICLES ABOUT GLOBAL WORKFORCE - PAGE 2

BANGALORE: Cyberwerx, a US-based software services company, will double its workforce to 120 people in Bangalore by the end of this year. The company with clients in networking, security and government areas would base 70 per cent of its global workforce in India. John Murphy, president of Cyberwerx, said the company had notched up around 10 clients over the last one year and the Bangalore centre would be the main services delivery centre for the company. He said the company had earmarked $2 million investment towards its expansion plan here.

CHENNAI: The US-based storage solution provider Intransa Inc, today said it would double its investments in India to $4 million during this calender year. The company, which has its global technical support centre in Pune, also plans to double its employees in India to 100 during this calender year, its top officials said here. "We have invested $2 million in India till now. We will double the investment to USD four million during this calendar year," B Chandrasekhar, country manager, Intransa, told a news conference.

GREENWOOD VILLAGE: Money-transfer agent Western Union Co. says it will eliminate some 200 jobs around the world, including management and staff, as a result of a "challenging economic environment. " The company says 60 of the job cuts will occur at its corporate headquarters south of Denver. Spokesman Dan Diaz says Western Union officials "evaluated all relevant scenarios" before deciding to cut jobs. The cuts represent roughly 3.3 percent of Western Union's global workforce of more than 6,000 people.

New York: E-commerce major eBay has said it incurred about $ 26 million in severance and other costs related to the company's restructuring efforts, which included reducing its global workforce by about 900 people. The US-based company had implemented a global restructuring plan, which included reducing its global workforce by about 600 employees and 300 contractors and other activities like the closing down certain facilities and asset impairments. "In connection with the plan, we have incurred aggregate charges of approximately $ 26 million as of September 30, 2013, related primarily to severance and benefits, including net credits of $ 4 million incurred in the nine months ended September 30, 2013," eBay said in a US Securities and Exchange Commission (SEC)

NEW DELHI: Telecom equipment firm Nokia Siemens Network will increase the headcount at its global delivery centres in India, a top official today said. "We are ramping down India as well just as we are restructuring in other parts of the world but we are ramping up a lot significantly in global delivery," NSN Chief Executive officer Rajeev Suri told reporters here. The company in November last year announced to plans to reduce its global workforce by approximately 17,000 by 2013-end.

NEW DELHI: US-based software company Aricent, which has significant India operations, has acquired DataLinx, a consulting firm in New York, for a value "in the range of $30 million ". Aricent formerly known as Flextronix Software has a global workforce of 7, 500 out of which 5,000 are in India. Aricent will absorb the 400 consultants and developers of DataLinx to develop solutions for telecom service providers which will be mostly done in India along with other centres.

NEW DELHI: Yahoo is hiring for hundreds of job openings including nearly 150 vacancies in India, even as the internet major is set to bring down its global workforce by about 675 employees. "We are currently hiring for key positions and will continue to invest in strategically important areas," a Yahoo spokesperson based in the US said. While the spokesperson did not elaborate on country-specific hiring plans, the career section of the internet major's website shows that Yahoo is looking for about 150 positions in India alone.

NEW DELHI: Yahoo! is hiring for hundreds of job openings including nearly 150 vacancies in India, even as the internet major is set to bring down its global workforce by about 675 employees. "We are currently hiring for key positions and will continue to invest in strategically important areas," a Yahoo! spokesperson based in the US told media in an e-mail. While the spokesperson did not elaborate on country-specific hiring plans, the career section of the internet major's website shows that Yahoo!

NEW YORK: Networking solutions major Cisco has said its plans to reduce the global headcount by 5 per cent will cost the firm as much as $ 550 million in cash on severance, one-time termination benefits and other costs. The US-based firm had announced in August this year that it will reduce its headcount by about 4,000 employees or 5 per cent of its global workforce. Cisco employs over 75,000 people globally, including India. "The company currently estimates that it will recognise pre-tax charges to its financial results in an amount not expected to exceed $ 550 million consisting of severance and other one-time termination benefits and other associated costs," Cisco said in its 2013 annual report.

MUMBAI: Oracle on Tuesday announced major expansion plans for its Indian operations. It will hire 1,400 more people over the next 8 months and foray into non-metro cities to support its expanding business in India. The company now has 8,600 people in India. "The plan is to increase headcount to 10,000 over the next 8 months. These additional resources will be in the areas of sales and marketing, product development, consulting, product support and services," Oracle president Charles Phillips said.